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STORY OF THE DAY
NGI to make first forward funding transaction in Poland
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Story of the week

News NGI to make first forward funding transaction in Poland
28
Apr
2025

NGI to make first forward funding transaction in Poland

by Forum Property
Newgate Investment (NGI) and Redkom Development are collaborating to introduce the first large retail park in the region of the city of Bydgoszcz (northern Poland). It will feature a diverse range of shops, service points, restaurants, and recreational facilities. This marks NGI's first forward funding transaction in the Polish market. The new retail park will cover approximately 16,000 square meters (GLA) and will be constructed and commercialised by Redkom Development, with NGI financing the development process.
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Retail

News CEE Hungary Poland Romania Shopper Park Plus
29
Apr
2025

Shopper Park Plus mulls CEE expansion

by Forum Property
Budapest-based Shopper Park Plus (SPP) is considering a range of financing options to further its corporate development, following the successful completion of a portfolio deal in Slovakia with a 9.5% yield. 
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Prime Kapital to open Mall Moldova this week Geld Capital Management delivers retail park in Curtea de Argeș Cooperative operator launches eco/non-stop supermarket in Slovakia

Report

News Alexandre Grellier Drooms Drooms Chat due dilligence Europe Statista survey
29
Apr
2025

Study: Miscommunication costs valuable time in real estate deals

by Forum Property
Miscommunication is a significant impediment to deal timelines in the real estate and M&A sectors, finds a recent study by Drooms and Statista.
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Office vacancy in Prague declines, pushing rent prices up Czech hotel market gains momentum in Q1 2025 Government incentives boost Romania’s attractiveness in industrial, offices

Investment

News Atlantis CPIPG Czech Republic hotel investment
29
Apr
2025

CPIPG divests another hotel in Prague

by Forum Property
CPI Property Group has sold another hotel on Prague's Wenceslas Square, reports SeznamZprávy.cz. After the Juliš Hotel, this is the building that houses the Ramada Hotel and the largest Central European bookstore. 
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Sekyra buys land from Czech Railways pbb provides green refinancing for offices in Warsaw Pavăl Holding buys office building in Bucharest

Industrial

News ESA Logistika logistics Łódź Poland Prologis warehouse
29
Apr
2025

ESA logistika leases 15,000 sqm near Łódź

by Forum Property
ESA logistika has leased over 15,000 sqm of modern warehouse and office space at Prologis Park Piotrków (central Poland). The company was supported in the site selection and lease negotiations process by the advisory agency Renthis Estate.
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GLP completes development of Wrocław V Logistics centre Panattoni secures €40 million for investment in Sosnowiec LemonTree launches construction of BTS project in Gdańsk

Office

News Deutsche Hypo Gdańsk office Poland TriCity
28
Apr
2025

Deutsche Hypo refinances office building in Gdańsk

by Forum Property
Deutsche Hypo – Nord/LB Real Estate Finance has provided Olivia Seven Sp. z o.o. with a green loan for the refinancing of the office property Olivia Prime A, located in the Oliwa district of Gdańsk. The term of the loan is five years.
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Central Warsaw sees strong demand for office space Quality matters in Poland's office market More renegotiations are observed on Polish office market

Residential

News Alfa Group Bucharest Cloud9 Evolution Răzvan Brasla Romania
24
Apr
2025

Alfa Group invests €90 million in new resi complex in northern Bucharest

by Forum Property
Alfa Group is investing €90 million in the first phase of a new residential project in northern Bucharest.
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Foreign property buyers return to pre-Covid levels in Hungary Linkcity brings new resi project near Prague Alesonor begins construction of Romania’s first nZEB school campus

Hotel

News Alina Cazachevici Bucharest CEE Cushman & Wakefield Echinox hotel Hotel Ambassador Hotel Sir Royal Bucharest Romania
24
Apr
2025

Bucharest’s hotel market sees strong development pipeline by 2027

by Forum Property
Bucharest's hotel market is experiencing a strong recovery, with significant growth in key performance indicators, according to Cushman & Wakefield Echinox. 
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PPF Real Estate expands Prague hotel portfolio Niro Group opens first Corinthia hotel in Romania Sir Hotel opens in Prague

Career

News career Colliers Czech Republic
23
Apr
2025

Colliers appoints new Managing Director in Czech Republic

by Forum Property
Colliers has announced the appointment of Katarína Brydone as the Managing Director of Colliers in the Czech Republic, effective 2 May 2025. This appointment has followed the announcement of Tewfik Sabongui stepping down from Colliers after seven years of leading the Czech Republic business. 
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P3 appoints new CZ & SK Marketing Manager Coldwell Banker enters real estate market in Poland Drees & Sommer Hungary names new Managing Director

Interview

News Bucharest Gránit Asset Management Hungary investment office Romania Skanska
23
Apr
2025

Behind the scenes of the deal of the year so far: How Bucharest made the cut

by Forum Property
In a market environment marked by pricing inelasticity and shifting investor sentiment, Gránit Asset Management has made a significant move with the acquisition of Equilibrium 1, a landmark office building in Bucharest. Property Forum talked to Erik Wafler MRICS, Senior Investment Manager at Gránit Asset Management, to gain deeper insight into the strategic thinking behind this transaction, the challenges of sourcing institutional-grade assets in CEE, and the company’s broader ambitions in the region
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REIT law in Poland: After 442 weeks waiting, what's next? Retail parks and resi projects are willingly financed by banks CTP MD breaks down demand shifts and bold growth path

Economy

News banking commercial real estate Cushman & Wakefield Echinox finance Romania Vlad Săftoiu
21
Mar
2025

Banking sector holds low exposure in Romania’s CRE

by Forum Property
Romania's banking sector has a relatively low exposure to the commercial real estate (CRE) market, indicating stability and significant growth potential, according to an analysis by Cushman & Wakefield Echinox. 
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Trump is back: What this means for CEE real estate Trump presidency: A nightmare for CEE economies CEE economic convergence: A success story with challenges ahead

more news

New leases

  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.
  • A new flagship Stay Fit Gym centre will open this summer in the Palas mixed-use complex, owned by Iulius in the center of Iași. The chain currently includes 52 locations and boasts over 60,000 active members.
  • CCC, a chain of footwear and clothing shops, has opened a two-storey shop of over 1,600 sqm in Warsaw's Promenada gallery

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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